USD/CAD Technical Analysis: Greenback bulls trying to reclaim the 1.3100 handle

• USD/CAD is trading in a bull trend above its 200-period simple moving average (SMA) on the 4-hour chart.  
• USD/CAD bulls are trying to retake the 1.3100 figure. The move up might be limited as the SMAs are flattening and the technical indicators are decelerating.  
• Targets to the downside are likely located near 1.3053 (October 15 high) and 1.3000 figure.  

USD/CAD 4-hour chart

Main trend:                Bullish
Short-term trend:        Bearish

Resistance 1:            1.3108, September 7 low
Resistance 2:            1.3161 October 26 high
Resistance 3:            1.3200 figure
Resistance 4:            1.3300 figure

Support 1:            1.3083 September 27 swing high
Support 2:            1.3053 October 15 high
Support 3:            1.3000 figure
Support 4:            1.2950-59 multi-month key level and August 7 low

Additional key levels at a glance: